has been changed to 98.

1.9 Terminology Definition

Terms Conceptual Definition Operational Definition

Education According to Peters (2010) The Education in this study

Education is the development refers to six questions adopted of knowledge, character and by (Huston, 2010) skills of individuals

Financial Socialization Financial Socialization is a The financial socialization

Agents process by which individuals agents in this study refers to 3 acquire from the environment dummy variables namely, those skills, knowledge, and peers, schools and media while attitudes that are necessary to using family as a reference maximize their consumer role group adopted by (Samkin, in the financial marketplace Low &Taylor, 2012). (Albeerdy &Gharleghi, 2015)

Money Attitude Attitude is person`s favor or To assess attitude, the five-

disrepute toward an action. point Likert Scale was used Besides that, it is considered (ranging from 1, Strongly the way individuals respond to disagree to 5, Strongly Agree, and are disposed towards, an for Demographics the object (Zhang &Kim, 2013). respondent was asked to tick the appropriate select (Albeerdy &Gharleghi, 2015)

18UC3F1606IBM Final Year Project

Financial Literacy Financial Literacy it the The Financial LIterayc in ability to make informed this study refers to 30 items judgments and to make adopted by effective decisions regarding (Kim, 2003). the use and management of money (Hilgert, Hogarth & Baverly, 2003)

1.10 Deliverables

This current final year project starts with a description of various contents in which the problem

statement and objectives are investigated. And the second chapter is about the review related